Trump proposes $100 billion more in tariffs on China, cites IP

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U.S. President Donald Trump walks as he returns to the White House after a trip to Lewisburg, West Virginia, in Washington D.C., U.S., April 5, 2018. REUTERS/Carlos Barria

WASHINGTON (Reuters) - U.S. President Donald Trump said in a statement on Thursday that he has instructed U.S. trade officials to consider $100 billion in additional tariffs on China “in light of China’s unfair retaliation” against earlier U.S. tariff actions.

The statement said the U.S. Trade Representative has determined that China “has repeatedly engaged in practices to unfairly obtain America’s intellectual property.”

Reporting by Eric Beech; Editing by Kevin Drawbaugh and James Dalgleish